for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Does SEO's 12 month exclusive contract with ASDA mean that SEO cannot make a contract with any other company?
If so, won't we have to wait another year before SP moves upwards again?

I am no expert - but my opinion for what its worth is that I suspect a lot of the Asda news is already reflected in the price so far as tray lidding is concerned - but it is based on a number of assumptions. I hope that SEO will post updates along the way to confirm the number of machines converted and provide an update when they announce their results (on 29th June?) and provide better info on future revenue et al. In the meantime - lets not forget that SEO have other products and there was a big hint in their last announcement that they were looking at the new packlaging as well.

So I would expect it to trade sideways for a while - increasing towards the results in June - and assumimg that the assumptions offered by others on this thread are reasoble - which I think they are - we should see a climb towards 30 by the end of this year. I know others have differing views.

By then - others will hopefully be clambering to get on board - in the meantime, the revenue that SEO get from ASDS will help them to invest and ramp up their operation.

evening . could you call today a draw?

Can't view the latest RNS on this Moneyam site (Ian Help)
Can anyone advise me soonest

I'm having the same problem if anyone could paste it here it would be appreciated.

nkirkup seo sign deal in north america

Found this on another site:

Stanelco PLC said today that it has entered into a binding agreement with Premier Technology Inc., a leading US engineering and support company which will enable rapid roll out and adoption of Stanelco's revolutionary GREENSEAL tray-lidding technology in a number of markets in North America.

More to follow...

ICV Edited News from Dow Jones
0625 GMT Apr 07 2005

RNS Number:7384K Stanelco PLC 07 April 2005

7 April 2005


Stanelco plc ('Stanelco')
Agreement signed with Premier Technology. Inc.


Stanelco plc, the RF (radio frequency) applications group, is pleased to announce that it has entered into a binding agreement with Premier Technology Inc., (www.premiertechnology.cc), a leading US engineering and support company which will enable rapid roll out and adoption of Stanelco's revolutionary GREENSEAL tray-lidding technology in a number of markets in North America.

Premier Technology (Premier) has agreed to commit its rapid response engineering capabilities which cover the United States, Canada and Mexico, to the retro-fitting of GREENSEAL technology at user sites in those territories. Premier will apply its resources to the non RF aspects of retro fitting of traylidding and thermoforming machines with GREENSEAL technology.

Premier is sending a contingent of engineers to Stanelco for an extended period of training and familiarisation. It is anticipated that Premier will be ready to support a roll out of Stanelco's GREENSEAL technology across North America within three months.

Whilst Stanelco is yet to sign licence agreements for its GREENSEAL technology in North America, the agreement with Premier means that Stanelco will soon be in a position to fulfil the roll out of the technology following the award of a contract from potential customers in the region without significantly increasing its own infrastructure. Stanelco is currently concentrating on rolling out the technology in the UK and Ireland in support of its recently announced agreement with ASDA Stores.

Premier will receive a minority interest in Stanelco's conversion and licence fees for each machine it helps to retrofit and support.

Ian Balchin, CEO of Stanelco plc said:

"This agreement forms part of a strategic roll out programme that Stanelco is developing in order to attain simultaneous retrofitting in different territories. The alliance with Premier Technology will enable us to have customers' machines, throughout North America, prepared for RF engineers to attach the revolutionary GREENSEAL technology. The agreement also covers repairs and maintenance by Premier. Premier has a pool of in excess of 150 engineers that can be called upon at any given time. This agreement substantially enhances our capacity to achieve an accelerated roll out. We anticipate further such alliances in the near future. We are delighted that a company of Premiers' stature is as excited about this technology as we are."

Mike Nelson, Vice President of Operations for Premier Technology said:

"We are delighted to be involved with this exciting technology and look forward to a rapid expansion of our capabilities to meet the needs of this project."

Ends

For further information please contact:

Ian Balchin, Chief Executive Stanelco PLC Tel: +44 (0)2380 867100

Jonathon Brill/Billy Clegg Financial Dynamics Tel: +44 (0)20 7831 3113

Notes to Editors

About Stanelco

Stanelco was founded in 1953 and is a world leader in the development of radio frequency technologies for processing polymers for edible and packaging applications and the design and manufacture of optical fibre technology, induction heating and dielectric welding equipment. The Company's current core business is the manufacture of optical fibre using Radio Frequency (RF) technology. Stanelco has been applying its technology to other markets. Current developments include biodegradable air cushion packaging, sealing of low-cost conventional plastics for food packaging, water-soluble detergent capsules, foamed starch trays, edible sachets and waste packing.

GREENSEAL is a trademark of Stanelco plc.

About Premier Technology Inc.

Premier Technology, Inc., located in Pocatello, Idaho, USA, is known for their ability to supply the highest quality turnkey engineering, custom fabrication, system integration, and field installation solutions to a variety of industries. They are able to consistently innovate and improve design and engineering applications customized for specific client applications. Since 1995, they have performed custom process equipment engineering, design, fabrication, testing, and installation. Premier Technology has also completed process plant upgrades and new construction nationally and internationally. The key to their success is a commitment to develop Premier Technology employees into the leaders of the industry, while providing their customers with the highest quality service.


This information is provided by RNS
The company news service from the London Stock Exchange



END



AGRILFLTSEIRIIE

good morning. the white stuff is back on the hills and i expect us to be blue today!!!! this is great news!! once these guys are up to speed , i think we are all going to have to review the roll out figures. seo want to move , and move fast....

"Premier has a pool of in excess of 150 engineers that can be called upon at any given time. This agreement substantially enhances our capacity to achieve an accelerated roll out. We anticipate further such alliances in the near future. We are delighted that a company of Premiers' stature is as excited about this technology as we are."

i did say that asda wasnt the end of it and that there would be more good news. is this seo preparing themselves for a similar deal with walmart??

and i wonder how this will affect mr k's shorts??? LMTO

this deal ensures more news shortly in us with reiser inc. EK's cronies must be running for the exit

Up EK is all that I can say - great news

Baza

Ticking up nicely

B

Angi - I guess todays news answers your query yesterday about whether SEO can make more contraacts with others

B

oooooooooooooooooooooh what a beautiful morrrrrrning.
oooooooooooooooooooh what a beautiful dayyyyyyyyyyyyyyy.

Lets hope EK isn't short by too much...hehe

Bos is on the white stuff again I see. :D

Looks like a bit of profit taking going on - probably those who bought before the evil one started to short SEO - and glad to get out with their money back or a small profit - do you think ?

Now that SEO management are demonstrating that they are capable of searching out new opportunities - rather than resting on their laurels - do you think we might get more news of collaboratves - hope so as this will keep the share price alive.

Baza

Morning all,

Just like to say i quick thanks to everybody on this bb, very high quality of posts and a bit of a giggle aswell!

This mornings rns was unexpected, but what a nice surprise...

Well we've now signed a deal with a leading us engineering and support company, guess this means that stanelco must be very confident that its greenseal tray lidding tech will be used thoughout north america (US, CANADA, MEXICO)

"Premier is sending a contingent of engineers to Stanelco for an extended period
of training and familiarisation. It is anticipated that Premier will be ready to
support a roll out of Stanelco's GREENSEAL technology across North America
within three months"

Think i'm right in saying that we now have the infrastructure in place (3 months tops)to roll out and fit the greenseal tech, all that we need is some more licence agreements! Which must be a cert, why else would you train up 150 engineers....... certainly not to sit on there arse and do bugger all! Also it seem furth alliances are anticipated in the future.

All good news, good luck to all holders.

p.s oh yeah bet a few shorters got a nasty supprise this am :-)

Fabuloso! I don't mind Bosley's singing either! Hurrah! I really hope the Evil Fat One (EK) is puking into his shorts at this very minute!

Why anyone wants to sell at this particular moment is a mystery to me. SEO are going to be BIG!!!!!!

This announcement is potetially 20 times the size of the ASDA one.